 How do you decide which company and agent, to buy your Car Insurance? |
Most responsible drivers maintain car insurance. It is a message to all the other drivers we share the roads with.
The message is; "I am a good driver, however,as a human being, I could ... |
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 I have had two put in a claim with my insurance company the sewer drain at the back became blocked? |
| and the manhole cover had been concreted over. the insurance company have sent three different companies round to access this the problem is that now they want to send a forth company the problem ... |
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 Shopping for health insurance..."un-insurable... |
| OK gang, here's a doozie. We've been shopping for health insurance and are continually declined because we consume more than 12 alcohol drinks per week.(I know! Are you kidding me??) We'... |
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 Cheap home owners insurance? |
they keep raising rates with no justification. Which company do you
use? Are they expensive? Are they cheaper?
I Cr 13;8a
Additional Details
Thanks for the good answers.
I... |
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 Can I collect unemployment? |
| I live in Pennsylvania and my place of employment just recently closed its doors due to the poor economy, I have been working there since June 2008. What do I need to do to collect unemployment?... |
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 Saving as well as insurance for the benefit of one year old girl child? |
| Even after death of parents during the term payment of premium need not be insisted and the benefits should be given to the child on maturity and the child and its parents should have insurance ... |
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 Insurance won't cover pre-existing conditions, so how does that work with mental illness..? |
| For a while now I've been putting off seeing a psychiatrist, mostly due to cost....I was going to sign up for the super expensive insurance we have at work so I could get into one, but how does ... |
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 Insurance and whose liability it is to insure a property.? |
| Hello, in the UK can anyone tell me who is typically responsible for insuring a house that is being let out to a private tenant? I know the tenant is responsible for insuring their contents but who ... |
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 Should I not be the owner of my life insurance policy? |
| I have read somewhere that if I own my life insurance policy - when I die the beneficiaries will have to pay taxes on the proceeds, because it is like a gift to them..... |
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 Can they make me pay back my unemployment? (Ohio)? |
| I was fired from my job, applied for unemployment and was initially turned down. Long story short, employer said I disregarded company policy, but what they accused me of was untrue. I filed an ... |
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| Need info just about to turn 18 and i will have no heath insurance? |
Is there any kind of free heath insurance that i could get?, cause i won't be working for 3/4 years i won't have no money cause i'll be going to college please help me...
A... |
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 Which health insurance is best for us? I live near Los angeles.? |
| I am a freelance computer technician so nobody's paying for our health insurance. I make about $2,500/months after tax. My wife stays home. We both are healthy. I am 37 years old. My wife ... |
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 Rant about health insurance! Call me callous. I don't care.? |
| There is a woman I work with who is sitting here complaining about how she and her husband make too much money to receive free health insurance from the state (they have to now pay $30 for her whole ... |
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 Football Event? |
If I was to organise a football league - I'd obviously need Employer and (best practice) Public Liability Insurance.
The insurance I'm going to take excludes player to player ... |
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yellabanana77 | Should we have whole life insurance? |
My husband is 26 yrs old and he bought whole life insurance. I tried to tell him to get term sicne we are so young, but he wouldn't listen. Can anyone help me?
Additional Details
i need specifics on how to explain why we just need term,but we do have kids, so maybe we should keep it? |
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mbrcatz
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whole life is the most expensive way to buy the least coverage.
Sit down with him, and WRITE DOWN THE GOAL. What's the POINT of having the insurance?
Now, think. Is there a CHEAPER way to acheive that goal? For most people TERM insurance is cheaper in the long run, AND the short run, if you invest HALF the difference.
You need to get him to listen to Dave Ramsey. |
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KevK
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Whole Life policies serve one purpose for a 26 year old insured.... the largest commission for the agent. And that is it. This is coming from a licensed insurance agent.
A long term (30 year) policy would be maybe 85% cheaper in premiums with the difference being used to fund Roth IRA accounts. Who needs a permanent policy that pays 4% interest, annually re-setting mortality expenses and a sky high premium relative to a term policy.
If you bought it very recently, request the 10 day free look, get all of your money back, buy a term for twice the face amount, still spend about a quarter of what you would have on the WL, and invest the rest in a tax free Roth for your retirment. WL for a 26 year old.... that agent should be ashamed of themself. Its the same kind of guy who sold your grandmother a 12 year fixed annuity paying 4% interest to her and a 9% commission to him. Criminal. |
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Insurance
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for your case i will suggest
1. relook at the total insurance requirement. He need to have an insurance amount of at least 5 times of his annual salary
2. calculate the loan o/s ie mortgages, credit card.....
3. future education fees for children??
4. Medical insurance ??
5. Critical Illness coverage (5 x salary )??
6. Personal Accident coverage (5 x salary)??
Add the above sum assured and see how much protection he needs.
This will assist you to set the priority right. With the lowest premium and the best coverage. In the long run he should be able to see the big picture.
Tips : To convince a man you need to use logic. Let the logic sink into his mind first and the rest will come in automatically |
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Makotto
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Well, it all depends on how you present it to him. If you persuade him to buy some 30 year term and have a reliable plan on what to do once the term has expired, Im sure he will listen. |
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shiprepairwoman
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Husband often have hearing problems, there isn't any help for it. |
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aaron p
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If you have your other financial matters in order and can easily afford the amount of whole life he needs, knock yourself out. Most young people that I know who buy whole life are drastically underinsured because they couldn't afford the amount of insurance they really needed. The amount of insurance determines the check that shows up at the door when he passes away, not the type of insurance. |
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